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Bitcoin’s Critical Liquidation Levels: Impact of Falling Below $95,000 and Surpassing $97,000
By: bitcoin ethereum news|2025/05/03 19:30:01
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On May 3rd, COINOTAG reported significant data from Coinglass highlighting critical levels for Bitcoin. If the leading cryptocurrency dips below $95,000 , the cumulative long liquidation across major centralized exchanges (CEXs) could reach a staggering $623 million . In contrast, should Bitcoin surge past $97,000 , we may witness a cumulative short liquidation totaling $242 million . It is essential to note that the liquidation chart provides insights into the relative intensity of liquidations rather than precise contract numbers or their values. The bars on this chart illustrate the potential market impact as liquidations occur, with higher bars suggesting a more amplified price reaction due to a liquidity cascade at these critical thresholds. Understanding these dynamics is crucial for traders navigating the volatile crypto landscape. Source: https://en.coinotag.com/breakingnews/bitcoins-critical-liquidation-levels-impact-of-falling-below-95000-and-surpassing-97000/
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